Jeena Sikho Lifecare Limited has informed the Exchange about Grant of Stock Options to the Eligible employees.
JSLL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Nomination and Remuneration Committee of Jeena Sikho Lifecare has approved the grant of 2,18,875 Employee Stock Options to 1,176 eligible employees under the company's ESOP 2025 scheme. Each option, upon exercise, converts into one equity share of face value ₹2, with the exercise price also fixed at ₹2 per option. The scheme is compliant with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. The exercise period is one year from the date of vesting. The grant is aimed at employee motivation and long-term value creation.
This is a routine ESOP grant that may result in minor future dilution once the options are vested and exercised. Since the exercise price equals face value, it is fairly priced for employees. Shareholders should note the small potential dilution of 2,18,875 shares but no immediate impact on stock price or earnings.